Originally Posted by
M60_to_LGA
I honestly wouldn't stay in Puerto Madero. It's a business district located nowhere near anything, and to get in/out on foot you have to walk across train tracks and cross very broad and busy roads, which is extremely unpleasant due to all the traffic and the fact that locals drive like maniacs.
For a first-timer I'd recommend staying either in Recoleta or on/by the north end of 9 de Julio, or else for a quieter, more neighborhood feel stay somewhere in Palermo.
Since the Paseo del Bajo opened, crossing to/from Pto Madero is much less unpleasant. The Hilton is not a bad option if the price is right.